Bitcoin miners in Russia are in for a break as power companies are looking to sell their excess energy off at a substantial discount. One of the more interesting regions in cryptocurrency today is Russia. There have been some ups and downs over the last few years. Russia had banned Bitcoin but reversed that policy in late 2016. Burger King Russia is now taking Bitcoin as payment and is even issuing its own digital currency.

Viberate continues to tread on its path towards its end game – that is to offer any musician on the planet the opportunity to create a profile for free and start offering gigs to event organizers in exchange for crypto coins such as Bitcoin, Ether, or their very own native currency, Vibe. Viberate’s co-founder UMEK talks about the beginnings of the platform and the vision they’re after: We started as a simple DJ ranking service,

Viberate will shake up the global live music industry by creating a decentralized marketplace that helps musicians, fans, and event organizers find each other and support one another. [Note: This is a sponsored article.] Being a musician is often a difficult job. Only the most successful artists have agents that hustle to get them live gigs and exposure. The vast majority of musicians are left to fend for themselves and are often ill-equipped to handle

Tezos, the startup whose recent ICO raised $109 million in less than 15 hours and a total $232 million in just three days, has announced its plan to open a $50 million venture fund. The $232 Million ICO With the recent hype surrounding ICOs, more and more startups are trying to raise money through token sales. This July, the U.S.-based startup launched its initial coin offering and was able to raise $232 million, which at this

Student work marketplace bitJob have this week announced a collaboration deal with BCB ATM UK. This will effectively provide a convenient ‘Point Of Exit’ for students (in the UK at least), wishing to cash out their earnings for jobs undertaken through the service. So What’s a bitJob? In an ever more competitive job market, University leavers need relevant work experience just to get a foot in the door. Not to mention the fact that some

Hong Kong based Bitcoin Entrepreneur James Bang announces CashCow ICO designed to increase Indonesian cattle farmers’ profits from the sale of their cows from 20% to 33%. The South China Morning Post reported on Bitcoin entrepreneur and investor James Bangs’ desire to revolutionize the cattle financing model, specifically in Indonesia where the large population of farmers is unable to buy their cattle assets outright. Businessman turns to cryptocurrency to help Indonesian farmers https://t.co/eqS0kaNl7T pic.twitter.com/KP7kr6sgwQ —

The prominent blockchain-based digital asset management startup Po.et has announced its partnership with the global content studio Blink. Proof of Existence 2.0 Po.et is a very young blockchain startup that aims solve multiple problems in the digital content industry. The Singapore and Los Angels-based project utilizes blockchain technology in order to create a platform that makes publishing, licensing and distribution of digital assets easier. The Po.et platform would essentially use blockchain technology and smart contracts to

Bitcoinist decided to dig deeper into the SEC’s newly issued guidance on Initial Coin Offerings (ICOs) and its implications for investors. We chatted with three legal experts, namely Alfredo Silva, Joshua Ashley Klayman and Daniel Kahan. Joshua Klayman is a founding member and the head of MoFo’s Blockchain + Smart Contracts Group. Her practice focuses on finance and corporate matters including advising on leveraged finance transactions, commercial transactions, and corporate governance matters. Daniel Kahan is an

Exactly one week ago, the SEC issued a report concluding that certain token sales could be considered securities, and hence were subject to regulation. Today, the Monetary Authority of Singapore (MAS) issued a similar statement, clarifying that, in some cases, Initial Coin Offerings (ICOs) were essentially equivalent to securities, and should fall under the same regulatory procedures. I can’t help but feel slightly responsible. After all, just five days before the SEC report was published,

Blockchain’s ‘killer app’ might not just be smart contracts, but big data. Blockchain technology can drastically change the way how big data is handled and analyzed. Taking Big Data to the Next Level Smart contracts have been the main “vehicle” that drives blockchain innovation to new heights. The most common use of smart contracts are Initial Coin Offerings (ICO), and they have proven to be an extremely safe and effective method for fundraising. But smart

The meeting over, Griff went back to his desk to find his messaging app urgently blinking. He cast his eyes cautiously around at his colleagues. The company he founded, Giveth, was a blockchain startup, creating a transparent accounting system for charities: hashtag, making the world a better place. He smiled. Everyone was occupied in their own thoughts. He clicked the flashing icon. “Something big going down. Vulnerability in Parity wallet. $32m already gone.” …He stood

BitBike, a P2P bike sharing startup using Bitcoin for payment, is currently looking for votes to determine the first cities for launch. ‘AirBnB’ for Bikes with Bitcoin The aim of the bike hire initiative is for people to both rent their own bike and hire them out to other BitBike members using a mobile phone app. Users will be able to browse bikes that are currently available and the BitBike website promises that there will

A controversial small town in rural South Africa, infamous for its racial segregation, has identified the value of digital currencies for their microcosmic economy. Orania, a bastion of white supremacy in a country that abolished Apartheid 23 years ago, is looking to move with the times in terms of technological economic growth, despite still remaining backward socially. Established in 1991, ahead of the impending democratic elections in South Africa, Orania is classified as a self-sufficient

Over 500 people attended a panel discussion to hear Microsoft officials discuss blockchain’s potential for industry disruption. Leading the Blockchain Industry On July 12, Microsoft organized a panel discussion to explain its ambitions for blockchain technology. Two leading Microsoft officials, Yorke Rhodes, global strategist for blockchain, and Craig Hajduk, a principal manager for blockchain engineering, discussed how Microsoft is aiming to be the leading provider of blockchain enterprise services. Over the past two years, the famous

Switzerland’s Falcon Private Bank has partnered with a local Bitcoin exchange giving the financial institution the opportunity to offer Bitcoins, as well as altcoins, to its customers through asset portfolios. On Wednesday, Falcon Private Bank took major steps in a number of avenues within digital currency when it announced that it would be storing and trading Bitcoin within its asset infrastructure. Wealthy customers of the bank will now be able to branch out into digital currencies, allowing them

Earlier this week, Israeli-based startup Matchpool released its much-anticipated blockchain-based matchmaking platform, currently in its alpha stage of development. Connecting People on the Blockchain Initially created to be a dating platform, Matchpool has grown to become the first community and incentive driven social network built on top of the Ethereum blockchain. The ambitious project combines the best features of social platforms like Slack, Facebook, and popular online dating apps to provide a way to bring together

Logistics company A2B Direct, currently operating in Eastern Europe, announced the launch of its Ethereum-backed ICO. Beginning on July 12th, 2017, the campaign is scheduled to last for one month and seeks to raise between €500,000 to €3,000,000. The platform was first introduced in late 2016 and became widely known as a “freight Uber.” The service provides direct interaction between freight forwarders and cargo owners, ensuring 24/7 communication with the driver, and taking care of all involved

The Indian insurance company, Bajaj Allianz General has announced that it will use blockchain technology to speed up the process of claims in the travel and motor divisions. Blockchain for Insurance Bajaj Allianz General Insurance officially announced on July 7th that it will be integrating blockchain technology with some of its insurance products. The implementation of this technology into its operations will effectively help speed up the process of claims. This new measure will also help save man hours, reduce claim times,

Standpoint Research founder and analyst Ronnie Moas is predicting that the bitcoin price will climb to $5,000 in the next year and then hit $25,000-50,000 in the next decade. Standpoint: From $5,000 to $50,000 per Bitcoin Famous trader Ronnie Moas, who also is the founder of the Florida-based investment firm Standpoint Research, told his clients in a note Wedensday that the bitcoin price could double to $5,000 in 2018 and potentially hit a price range of $25,000-50,000 in

The logistics industry has been in thrall to intermediaries and bureaucrats for decades, if not centuries. Smugglers and con artists have used its infrastructure to run their illicit businesses. Complexities of supply chains and cargo tracking, as well as enormous forwarding expenses and ceaseless document flow, have resulted in a serious increase of expenses. This all might change, however, with A2B Direct rolling out its innovative blockchain solution that some have already dubbed a ‘freight Uber.’

Goldman Sachs chart analyst, Sheba Jafari, has predicted that bitcoin price will have a correction, before sky-rocketing to nearly $4,000. Goldman Sachs: It’s Just a Matter Of Time Goldman Sachs chart analyst, Sheba Jafari, has predicted in a recent report that bitcoin’s price uptrend could continue even further. Jafari is predicting that the bitcoin price could continue its correction, falling to as low as $1,875 before recovering. “From current levels, this has a minimum target that goes

Bitcoin and Bitcoin Investment Trust (GBTC) in particular are beating traditional investments like gold, stocks and bonds, by as much as 220.59% so far in 2017. Crypto-Market Bulls Are Outrunning Stocks More and more investors are investing directly into bitcoin and other cryptocurrencies, which soared to a $100 billion market in the last couple of months. Many saw this recent price hike as a perfect way to get into the cryptocurrency market. The Bitcoin price has risen by am impressive 156% since last

Tim Draper-backed Tezos’ ICO has already netted over $100 million in contributions during the first day of its 12-day uncapped campaign. Tezos: $109 Million With 11 Days To Go Having launched slightly ahead of schedule July 1, the token sale had received 31,224 BTC and 129,468 ETH as of press time Sunday. The delayed release of the latest ERC20 token, dubbed Tezzies (TEZ), was keenly awaited by investors following Tim Draper’s announcement he supported Tezos’